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— bed, — bath on 0.15 acres in East Austin. Austin, TX 78702. Last listed at $2,500,000, sold April 29, 2025.
About This Home
Discover a premier office building located at 2903 E 2nd St, Austin, TX 78702, just one block from Cesar Chavez and seven blocks West Airport Blvd. This property spans 4,884 SF and sits on a 0.15 acre lot, offering modern amenities and an exceptional location. Zoned GR-MU-NP, the property provides flexibility for a variety of commercial uses, making it an ideal investment for owner occupants or businesses seeking to establish their presence in a prime area. Tenants are drawn to this dynamic location for its proximity to major transportation routes, including easy access to downtown Austin, the airport, and major highways like I-35. In addition to its central location, the building offers state-of-the-art amenities such as high-speed internet, modern security systems, and energy-efficient features, creating an optimal environment for both creative and professional businesses. With nearby restaurants, cafes, and local services, tenants benefit from the vibrant neighborhood, enhancing work-life balance and convenience. Businesses here thrive not only due to the strong foot traffic but also because of the collaborative, entrepreneurial spirit that defines this area, making it a hub for networking and growth. PRIME OPPORTUNITY FOR OWNERS AND INVESTORS: This property presents a unique opportunity for new owners or investors, with several key advantages: - Turn-key condition, ready for immediate occupancy or leasing. - Energy-efficient construction with sustainability features for long-term cost savings. - Flexible floor plans that can be easily tailored to meet business needs. - Prime location in a high-demand business district, ensuring strong tenant interest.
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas.
East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail.
Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million.
East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter.
The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options.
East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas.
East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
School District: Austin ISD
View East Austin neighborhood guide- Property Type
- Commercial Sale
- Year Built
- 2023
- Lot Size
- 0.15 acres
Listing information last updated April 30, 2025.
Listed by Keller Williams Realty
MLS# 5740576 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Carpet
- Concrete
- Tile
- Heating
- Central,Hot Water
- Cooling
- Central Air
Exterior & Lot
- Concrete
- Glass
- Metal Siding
- Synthetic Stucco
- Lot Size
- 0.15 Acres
- Stories
- 2
- Additional Parking
- Asphalt
- Covered
- Driveway
- Off Site
- On Site
- Open
- Outside
- Parking Lot
- Side By Side
- Unassigned
Financial
- Original List Price
- $3,700,000
Utilities
- Above Ground
- Electricity Connected
- Phone Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2903 E 2nd ST, whoever represented it.
- SoldApril 29, 2025Listed at: $3,700,000MLS 5740576
- WithdrawnListed 2024Asking rent: $18,315/moOriginal asking rent: $4/moMLS 2086547
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,500,000
- Original list
- $3,700,000
- Price movement
- $1.2M reduction
- Listed / DOM
- Jun 9, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,574,567
- Assessment Year
- 2025
- Year Built
- 2020
- Parcel ID
- 000000187651
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.2% | — | $1,574,567 | — | $1,067,127 |
2024-11.4% | — | $1,610,644 | $507,440 | $1,033,594 |
2023+196.6% | — | $1,817,410 | $507,440 | $1,103,204 |
2022+28.8% | — | $612,676 | $507,440 | $1,309,970 |
2021 | — | $475,725 | $475,725 | $136,951 |
District Schools Nearby
Lasa High School
Bowie High School
McCallum High School
Garza Independence High School
Austin High School
Anderson High School
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($500K)
Adjustable assumption - not a lending recommendation.
Home price
$2,500,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,500,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+318.6%
$597.3K · East Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$1.2M reduction
$3.7M original
Active inventory context
276 listings
Price Position in East Austin
Listed 319% above the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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